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TIAA Named One of the Top 100 Companies for Working Mothers
Company lauded for the sixth year in a row by Working Mother magazine for progressive programs that help working families succeed
New York, September 27, 2016 – TIAA, a leading financial services provider, announced today that it has been named one of the 100 Best Companies for working mothers by Working Mother magazine. The list recognizes employers for outstanding leadership in establishing policies, programs and a corporate culture that supports working moms, including child care, flexible work arrangements, paid parental leave and the advancement of women. This year marks the sixth consecutive recognition for TIAA and the company’s 10th time receiving the award. TIAA improved its rank on this year’s list significantly to No. 26.
“TIAA is once again honored to be recognized by Working Mother for the programs and resources we offer our working moms,” said Skip Spriggs, executive vice president and head of human resources at TIAA. “Our company has taken steps in recent years to ensure we’re fostering a supportive workplace, including making significant enhancements to our parental leave program to ensure we don’t only meet, but exceed, the changing needs of our working mothers, as well as our working fathers.”
In addition to the company being recognized, TIAA’s Claudette Grose, senior director of digital strategy for TIAA’s Retail Financial Services, has been chosen as a Working Mother of the Year. Grose will be honored at Working Mother’s Media Gala Dinner on Oct.18.
“We are so proud to recognize Claudette as TIAA’s working mother of the year. With her willingness to lead, her strong work ethic and her dedication to mentoring, Claudette serves as a role model to all our employees,” said Kathie Andrade, chief executive officer of Retail Financial Services. “As the leader of the Charlotte women’s group at TIAA, Claudette has also helped to foster an inclusive environment where individuals can engage and freely discuss their challenges and opportunities. She is a true testament to the talent and commitment of the working mothers we are so fortunate to have on our team.”
“As a mother of two young boys, I feel fortunate to work for a company that supports its employees and fosters an environment where working moms have the flexibility and opportunities we need and deserve to succeed,” said Grose. “As an organization, TIAA understands the need to balance career, family and community commitments and offers me the resources to do just that. I’m proud to say my company fosters an environment where women excel.”
Promoting Women’s Financial Learning and Living
In addition to TIAA’s efforts to promote women in the workplace, the financial services leader is dedicated to advancing women across the nation by helping them plan for financial security and pursue retirement readiness. Women face a number of unique challenges ahead of retirement due to factors such as longer life expectancies, lower average wages and a larger share of caregiving responsibilities. TIAA provides women with the tools, guidance and knowledge they need to help build financial confidence and strengthen their financial foundation.
TIAA reaches thousands of women at all life stages through its Woman2Woman online community and Woman2Woman Financial Empowerment Series of workshops and webinars. Woman2Woman is an online community where women can share financial insights and learn from financial experts, including TIAA thought leaders and guest contributors. The site includes articles and resources that can help women navigate financial challenges and plan for security during their retirement years. For more information about TIAA’s Woman2Woman program, please click here.
In honor of the company’s inclusion on the Working Mother list, TIAA is featuring profiles of working parents with tips on how they achieve success at work and at home.
For more information about TIAA’s commitment to a diverse and inclusive workplace, click here.
TIAA (TIAA.org) is a unique financial partner. With an award-winning track record for consistent investment performance, TIAA is the leading provider of financial services in the academic, research, medical, cultural and government fields. TIAA has $889 billion in assets under management (Based on assets under management across Nuveen Investments affiliates and TIAA investment management teams as of June 30, 2016.) (As of June 30, 2016) and offers a wide range of financial solutions, including investing, banking, advice and guidance, and retirement services.
About Working Mother Media
Working Mother Media (WMM), a division of Bonnier Corporation (bonnier.com ), publishes Working Mother magazine and its companion website, workingmother.com . The Working Mother Research Institute (workingmother.com/wmri ), the National Association for Female Executives (nafe.com ) and Diversity Best Practices (diversitybestpractices.com ) are also units within WMM. WMM’s mission is to serve as a champion of culture change. Working Mother magazine is the only national magazine for career-committed mothers. Follow us on Facebook , Twitter, LinkedIn and Pinterest .
1 The Lipper Large Fund Award is given to the group with the lowest average decile ranking of three years’ Consistent Return for eligible funds over the three-year period ended 11/30/12, 11/30/13, 11/30/14 and 11/30/15 respectively. TIAA was ranked among 36 fund companies in 2012 48 fund companies in 2013 and 2014 and 37 fund companies in 2015 with at least five equity, five bond, or three mixed-asset portfolios. Classification averages are calculated with all eligible share classes for each eligible classification. The calculation periods extend over 36, 60, and 120 months. The highest Lipper Leader for Consistent Return (Effective Return) value within each eligible classification determines the fund classification winner over three, five, or ten years. From Thomson Reuters Lipper Awards, © 2016 Thomson Reuters. All rights reserved. Used by permission and protected by the Copyright Laws of the United States. The printing, copying, redistribution, or retransmission of this Content without express written permission is prohibited. Certain funds have fee waivers in effect. Without such waivers ratings could be lower. For current performance and rankings, please visit the Research and Performance section on TIAA.org.